Universal Health Realty Income Trust (NYSE:UHT) Plans Dividend Increase – $0.75 Per Share

Universal Health Realty Income Trust (NYSE:UHT) announced a quarterly dividend on Wednesday, December 10th. Investors of record on Monday, December 22nd will be given a dividend of 0.745 per share by the real estate investment trust on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Monday, December 22nd. This is a 0.7% increase from Universal Health Realty Income Trust’s previous quarterly dividend of $0.74.

Universal Health Realty Income Trust has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years.

Universal Health Realty Income Trust Stock Up 0.2%

UHT stock traded up $0.11 on Thursday, reaching $42.14. 12,070 shares of the company traded hands, compared to its average volume of 69,285. The firm has a fifty day simple moving average of $38.53 and a 200-day simple moving average of $39.65. The company has a market cap of $584.41 million, a P/E ratio of 32.66 and a beta of 0.93. Universal Health Realty Income Trust has a one year low of $34.56 and a one year high of $42.50. The company has a debt-to-equity ratio of 2.37, a current ratio of 7.37 and a quick ratio of 7.37.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Universal Health Realty Income Trust in a report on Thursday, December 4th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Universal Health Realty Income Trust currently has a consensus rating of “Hold”.

About Universal Health Realty Income Trust

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human-service related facilities including acute care hospitals, behavioral health care hospitals, specialty facilities, medical/office buildings, free-standing emergency departments and childcare centers.